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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: greenspirit who wrote (3363)4/24/1998 4:17:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Amazon is steadily becoming the wholesale distributor of books to thousands of mom and
pop type bookstores across the country. Amazon, through it's database analysis, is able to
provide information on the habits of the book buying public. They know which books
sell the most, which books excite the customers and which books sit idle on the shelves.
Providing this kind of information to book stores everywhere creates a rare opportunity
for small book store owners.

Which book stores will resist the temptation to access this HUGE database?


BKS does not know what books sell???? I would use the database of BKS any time over AMZN

Glenn.



To: greenspirit who wrote (3363)4/24/1998 4:20:00 PM
From: Oeconomicus  Respond to of 164684
 
Amazon is steadily becoming the wholesale distributor of books to thousands of mom and pop type bookstores across the country.

Michael, if you're being sarcastic, you should use a wink - ;-) - or a LOL to let us in on the joke.

If you are serious, I think you are imagining opportunities that don't exist. Amazon would die a quick, but painful death going up against the likes of Ingram and "mom and pop" bookstores certainly wouldn't want to pay over wholesale and wait weeks for delivery from a competitor, just because they have a cool database. Besides, I'd bet the independents hate Amazon almost as much as they hate BKS. Anyway, use of the database is free and I'm sure Ingram and other sources in the trade can provide them with plenty of data on what's selling.

Better find a better reason for buying this tulip.

Bob



To: greenspirit who wrote (3363)4/24/1998 4:29:00 PM
From: zebraspot  Read Replies (1) | Respond to of 164684
 
>>Which book stores will resist the temptation to access this HUGE database?<<

Ah, ha - now you're relying on book stores to be Amazon customers... I thought AMZN was going to put all the brick and mortar book stores out of business?



To: greenspirit who wrote (3363)4/24/1998 8:14:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Amazon is steadily becoming the wholesale distributor of books to thousands of mom and
pop type bookstores across the country. Amazon, through it's database analysis, is able to
provide information on the habits of the book buying public. They know which books
sell the most, which books excite the customers and which books sit idle on the shelves.
Providing this kind of information to book stores everywhere creates a rare opportunity
for small book store owners.

Which book stores will resist the temptation to access this HUGE database?


Michael,

I know I replied to this but due to recovery from recent surgery typing is difficult. I will keep this short.

AMZN is a retailer and retailing is a business I know well. All stores, including my own, keep very accurate records regarding what sells. The factories and in this case publishers know what sells best in different geographic areas of the world.AMZN has no more information and likely less than their large competitors.

Secondly, the number one cause of retail failure is being under capitalized. AMZN fits this perfectly. AMZN will fail. A web page is easily reproducible. It just takes cash to pay good programmers.

I doubt the retailing book industry will change that much. However, if it did, Barnes and Noble along with Borders will change and crush AMZN.

Glenn